New Event Developments Projects in Egypt

About New Event Developments

New Event Developments began in the United Arab Emirates, founded by a group of Arab investors who built projects in Abu Dhabi and other emirates before expanding abroad. In 2014 the company entered Egypt and made the New Administrative Capital its focus, with a mix of residential, retail and office projects. Besides its residential compound, it has malls in the New Capital such as H Mall and Treve Mall.

How to choose a unit from New Event

R8 is one of the busiest residential districts in the New Capital, so prices are competitive. Compare Qamari's price per square meter with nearby R8 compounds, and pay attention to the building ratio, since a lower footprint means more green space and lower density. Units are delivered semi-finished, so budget the time and cost of finishing before you plan to move in or rent out. If you're considering a shop or office in one of the company's malls, ask who will operate it and how many units it holds compared with foot traffic in the area. In every case, read the late-delivery clause, confirm the installment schedule and when the maintenance deposit is due, and ask which phases, if any, have already been handed over.